News for December 2025

• Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites
• Texas Secures $1.25M Settlement from Hyatt for Consumer Protection Violations
• Michigan AG Provides Tips to Avoid Storm-Related Scams
• Ohio Wendy’s Sued for Disability and Age Discrimination
• Last of 7 Kentucky Crop Insurance Fraudsters Sentenced to Prison Time
• Target, Walmart, Whole Foods Targeted in Botulism Suits
• Brown University Faces US Probe Over Security After Deadly Shooting
• Tech Update: Zurich Launches AI-Powered Tool to Boost Multinational Contract Certainty
• Mexico Train Derailment Piles Pressure on Sheinbaum Over Safety of Megaprojects
• Some Good Climate News to End the Year
• 2025 Was One of Three Hottest Years on Record: Researchers
• China Lashes Out at Criticism as Taiwan Drills Seem to Wind Down
• Severity Was Up, But Will Falling Claims Volume Impact the Profession?
• AI, Litigation Funding and Market Currents: What CM Readers Cared About in 2025
• Fight Over Trump’s $100,000 H-1B Visa Fee Moves to Appeals Court
• [Video] Wildfires, Lawsuits, AI, and M&A: A Look Back at Insurance in 2025
• Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year
• Alabama DOI Expands Policy Cancellation, Nonrenewal Prohibitions
• Report: California Comp Combined Ratio for 2024 Highest in 20-Plus Years
• Hawaii Hopes New Laws Will Quiet Illegal Fireworks After Deadly New Year’s Eve Blast
• Virginia Offshore Wind Developer Sues Over Trump Order Halting Projects
• People Moves: Erie Insurance Names Morrison and Ackerman in Virginia
• Climate Cost Report Underway Even as Vermont’s Climate Law Faces Lawsuits
• New Laws Impacting California Drivers in 2026
• QBE Insurance Sponsors US$400M Catastrophe Bond via Bridge Street Program
• US Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
• Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals
• Father of NASCAR Great Hamlin Killed in NC House Fire That Destroyed Home
• Colorado Faces $24M Funding Cut for Illegal Commercial Driver’s Licenses
• Texas Camp’s Reopening Draws Outrage, but Some Families Want to Return
• Verisk Pulls Plug on $2.4 Billion AccuLynx Deal After FTC Review Delay
• Nuclear Developer Proposes Using Navy Reactors for Data Centers
• ‘Bomb Cyclone’ Knocks Out Power to Thousands in Northern US
• Funding Cuts Put America’s Consumer Watchdog on the Brink of Collapse
• Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup
• APCIA’s 2026 Agenda to Combat Legal System Abuse, Protect Insurance Affordability
• Deadly Train Derailment in Mexico Hits Priority Rail Project
• Ryanair Hit by €256 Million Fine in Italy Travel Agency Spat
• Coupang Offers $1 Billion Compensation for Data Breach Victims
• China Encircles Taiwan in Massive Military Display
• Both Pilots Killed as 2 Helicopters Crash in Midair
• Longtime Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain
• Grand Jury Declines to Indict Man in Fatal Shooting at Kentucky State University
• Stepbrother Suspect in Cruise Ship Death Says He Doesn’t Remember Anything
• Board Calls for US Steel to Address Safety Issues as It Rebuilds Site of Fatal Explosion
• People Moves: Igarashi Joins Alliant’s Western Region Benefits Team
• Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain
• California AG Puts out Price Gouging Alert Following Emergency Declaration
• SiriusPoint’s IMG to Acquire Emergency Travel Services Firm Assist America
• Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’
• CompSource Mutual Earns A Rating From AM Best
• Another Winter Storm Disrupts US Holiday Air Travel on Monday
• Storms Wreak Havoc on South Africa’s Electricity Supply
• Uber, Lyft Team Up With Baidu to Start Robotaxi Trials in UK
• JPMorgan Steered Black Advisers to Poorer Areas, Suit Alleges
• A Year On, Jeju Air Crash Report Delayed as Families Question Probe’s Credibility
• Scrapyard Worker Burned in UPS Plane Crash Dies, Raising Death Toll to 15
• Aflac Says 22.6M People Affected by Cyber Incident Earlier This Year
• China Issues Draft Rules to Govern Use of Human-Like AI Systems
• Waymo’s San Francisco Outage Raises Doubts Over Robotaxi Readiness During Crises
• Wild Hogs Wreak Economic Havoc on Mississippi Agriculture
• Top International Insurance Journal Stories of 2025
• Fire Damages Portland, Maine’s Historic Waterfront
• Tata Steel Says Dutch NGO Seeks $1.6 Billion for Alleged Health Damage
• NHTSA Probes Tesla Model 3 Emergency Door Release
• US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed
• Top Midwest Region Insurance Journal Stories of 2025
• Top Southeast Region Insurance Journal Stories of 2025
• Top National Insurance Journal Stories of 2025
• FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip
• Judge Green Lights New York’s Driver’s License Law, Rejecting Trump Challenge
• People Moves: Aspire Promotes Storms to COO, Burton to EVP and CUO
• Top West Region Insurance Journal Stories of 2025
• California Ditches Fight With Feds For High-Speed Rail Funds
• Top East Insurance Journal Stories of 2025
• Top South Central Region Insurance Journal Stories of 2025
• People Moves: Gallagher Taps EY’s Hughes as Tax Specialist in Private Equity/M&A Team
• EU Faces Renewed US Ire After ESG Cutbacks Fail to Calm Tensions
• Louvre Tightens Security After $102M Jewel Heist, Installs Bars on Infamous Window
• Brown & Brown Files Suit Over Alleged Howden Poaching of 200+ Employees
• Southern California in ‘Great Danger’ From Christmas Flooding
• The Best Climate Adaptation Methods Are Surprisingly Simple
• Judge Rejects Business Group’s Challenge to Trump’s $100,000 H-1B Visa Fee
• Brown University Police Chief Placed on Leave After Fatal Shooting
• Missouri Faces Legal Battle with China Over Pandemic Compensation
• Zombie Ship Shows US Targeting Darkest Corner of Oil Fleet
• Areawide Insurance Advisors Joins Leavitt Group Texas Select
• South Texas Homebuilders Warn ICE Arrests Have Upended Industry
• Explosion at Nursing Home in Pennsylvania Kills Two, Injures Others
• Mexican Navy Plane on Medical Mission Crashes in Texas, Killing At Least 5
• US Steel Sued for Pregnancy Discrimination at Minnesota Mine
• Georgia Regulators Approve Huge Electric Generation Increase for Data Centers
• Massachusetts Approves Reorganizations, Mergers for Andover Companies
• People Moves: Great Bay Insurance Group Makes Leadership Changes
• Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration
• The Rise of Deepfake Cyberbullying Poses a Growing Problem for Schools
• Head of EEOC Urges White Men to Report Discrimination
• New York Times Reporter Sues Google, xAI, OpenAI Over Chatbot Training
• Trump Bid to Defund CFPB Is Crippling the Agency, States Say
• Florida’s City National Bank Partnering With NSI to Offer Insurance Products
• McGowan Acquires Westcap Insurance Services
• People Moves: Tokarsky Joins Alliant Insurance Services as VP, Employee Benefits Group
• Markets/Coverages: Mosaic Raises Cyber Capacity to US$25M in Canadian Market
• Hawaii Building Fires Are on the Rise and Safety Inspections Aren’t Keeping Up
• Senators Launch Probe Into Demotech’s Ratings in Florida
• AM Best Places Jet Insurance Ratings Under Review Following Acquisition
• 50% Rule: TN Supreme Court Finds Driver Due Knee Replacement Despite Arthritis
• Alabama, NC Set Hearings on Proposed Capital Requirements, Dwelling Rate Increase
• People Moves: CRC Adds Duff, Gallien, Jr. to Specialty Team
• Michigan Regulators Approve State’s First Hyperscale Data Center
• China’s Kuaishou Shares Fall to Near Five-Week Low After Livestreaming Cyberattack
• J&J Vows Appeal After Jury Hits it With $1.5B Talc Cancer Award
• South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach
• Britain’s Top CEOs Predict the Biggest Challenges of 2026
• Cyberattack Hits French Postal Service, Delaying Mail Deliveries
• Instacart to Pay $60 Million in FTC Consumer Protection Case
• Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020
• Markets/Coverages: Risksmith Launches New DIC Earthquake Program
• Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
• People Moves: CRC Adds New Brokers in Nashville, Birmingham
• People Moves: XPT Specialty Hires Corrado; NFP Appoints Favale; Jencap Adds Edge
• California Hit With Powerful Storms Just as Holiday Travel Ramps Up
• Twice Injured Firefighter Loses Second Workers’ Compensation Claim
• Alliant Named Broker for New York MTA’s $2 Billion Subway Project
• Los Angeles Angels Settle Lawsuit With Family of Late Pitcher
• Louisiana Man Sentenced for Multi-State Vehicle Theft Scheme
• Texas Lawmakers Fight Against Federal Interference in State AI Regulations
• Stonetrust Workers’ Comp Expands Into North Carolina
• CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
• People Moves: Chubb Overseas General Promotes DePeters to Lead Commercial Insurance, Specialty; BMS Taps Emkes From Lockton as Director of Commercial D&O
• Uber Safety Chief to Depart in Latest Executive Shakeup
• AI, Cyber Insurance and Climate Change Are Key Insurance Themes for 2026: GlobalData
• NTSB Unclear Who Was at Controls in Jet Crash That Killed Biffle and 6 Others
• Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics
• Climate Insurance Gap Is Widening – Leaving Marginalized Canadians Behind
• Happy Holidays: 18,000 Delawareans Have Their Medical Debt Eliminated
• Private Credit Ratings Face Fresh Scrutiny From Global Watchdogs
• Swiss Court Admits Indonesian Islanders’ Climate Case Against Cement-Maker Holcim
• UK Suspects Chinese Involvement in Foreign Office Cyberattack
• Denmark Blames Russia for Cyberattacks on Utility That Left Houses Without Water
• Hong Kong Plans New Crypto, Infrastructure Rules for Insurers
• Minnesota Jury Awards $65M Cancer Case Against Johnson & Johnson
• South Dakota Hotel Owner Found Liable for Discriminating Against Native Americans
• Wells Fargo Sued by Ex-Manager Who Said Bank Faked Diversity
• Viewpoint: Artificial Intelligence Is Rewriting the Rules for Commercial Lines
• Three Top P/C Insurers Account for Most of Insurance AI Patents
• Injured Pedestrian Strikes Out on PIP Benefit Because Car She Dodged Never Struck Her
• Waymos Froze, Blocked Traffic During San Francisco Power Outage
• US Admits Liability in Chopper-Jet Crash Over Potomac River
• Rare Weather Warning Issued as Strong Gusts Fuel Colorado Wildfire Threats
• Oregon OSHA Fines Manufacturer for Workplace Safety Violations
• Cessna Jet Tied to Nascar Driver Greg Biffle Crashes in North Carolina
• Son of Ponzi-Accused Georgia Building & Loan Founder Now an Insurance Agent
• People Moves: Marsh McLennan Appoints Mathews Digital Infrastructure Leader; Loop Hired to Lead AXA XL Media Liability
• High Winds Battered Water-Logged Northwest, Cutting Power to Half-A-Million
• 11 Firefighters and 2 Others Injured After NC House Explosion and Fire
• A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP
• More US Beef Plants May Close as Cattle Herds Keep Tightening
• Ben & Jerry’s Board Says More Directors Face Removal
• County Officials in Texas Race to Build $5M Warning System Before Next Flood Season
• AI Threatens to Displace Workers, Bank of England’s Bailey Warns
• Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials
• British Regulator Cracks Down on Home, Travel Insurers
• India’s Big-Bang Financial Reforms Target Foreign Money
• Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status
• Tesla Door Safety Issues Have Owners Buying Car Escape Tools
• Odometer Fraud Sees 14% Jump in the Past Year
• UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
• Higginbotham Adds Energy Sector Specialty Firm in Georgia
• People Moves: Siry Joins Patriot Growth; Starkweather & Shepley Names Zito
• X Corp. Sues Virginia Social Media Startup Over Bid to Claim ‘Twitter’ Brand
• Contractor Again Exposed Workers to Cave-In, Excavation Hazards: OSHA
• California Commissioner Orders Moratorium on Cancellations Over Pack Fire
• California Cuts PG&E’s and Edison’s Profits for Grid Investments
• Davis & Towle Adds Keene Agency to Its New Hampshire Group
• AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
• Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather
• Vantage Group to Be Acquired by Ackman-Backed Howard Hughes Holdings for $2.1B
• Former National General Loss Rep and Mom Charged With Fake Claims Scam
• Iowa AG Sues Roblox for Allegedly Failing to Protect Kids on Gaming Platform
• Munich Re Offers Geothermal Risk Insurance in State-Backed Drive
• Woman Charged After Razor Blades Found in Bread at 2 Mississippi Walmarts
• People Moves: Markel Int’l Taps AXIS’ Howell as Senior War and Terrorism Underwriter; Tokio Marine Kiln Appoints Jackson From Liberty as Cyber Underwriter
• Plans for Attack in New Orleans Thwarted, Feds Say
• TDI’s Walker Wins NAIC Robert Dineen Award for Outstanding Service
• Wisconsin Dairy Farm Sued for National Origin Discrimination, Sexual Harassment
• US Crypto Industry Cheers 2025 Wins, but Party May Fizzle Next Year
• Business Moves: BMS Forms Strategic Partnership in India, Launches Dubai Subsidiary
• AM Best Removes Ratings of Pet Health Insurer From Under Review
• Russian Oil Tankers Cleave to Turkish Coast to Cut Drone Risks
• Japan Faces $6-a-Person Lawsuit Over Climate Change Risks
• Viewpoint: AI Offers Key Engine for Insurers – From Prediction to Intelligent Decisioning
• What to Know About Trump’s Executive Order to Curtail State AI Regulations
• Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme
• Insurance AI Demo Day Calendar Announced
• Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias
• Ex-Greensill Executives Charged in Germany Over Bankruptcy
• European Rating Agency Scope Plans Global Expansion Drive and IPO
• ‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity
• Lawyers Clash Over Angels’ Alleged Role in Skaggs’ Overdose Death
• Mavis Tire to Pay $304K for Religious Discrimination Against Jewish Applicant
• NY Times Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit
• NFP Acquires Hamilton Insurance in Virginia
• Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance
• Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers
• People Moves: Jencap Names Edge Binding Team Manager; Alliant Hires Givens
• Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC
• People Moves: Hamilton Re Promotes Hunt to SVP, Head of Property Insurance; MGA Arrow Launches Professional Indemnity Practice, Naming Cox as Class Underwriter
• Insurance Tech: Zywave Releases Suite of Specialized AI Agents
• India’s Parliament Approves Bill to Raise Foreign Direct Investment in Insurance to 100%
• Auto Insurers Must Soon Submit Info to New Kentucky Insurance Verification System
• Court Awards $32 Million Over Premature Baby’s Death at Yale Hospital
• Pacific Northwest Gets Brief Break Before Storms Return Thursday
• Poorer Americans Dropped Federal Flood Insurance When Rates Rose
• Hub International Adds Former CNA, USAA Chief Executives to its Board
• California Regulator Puts Tesla Sales Suspension Order on Hold
• CFC Hires Aspen’s Camara as CEO of CFC USA
• Viewpoint: The 2026 Forecast for European Insurers Is Partly Cloudy
• Passenger Ferry Held for Hours After Suspected Russian Hack
• Ohio Man Sentenced in Multi-State Car Theft Ring
• Trump Orders ‘Blockade’ of Sanctioned Oil Tankers Leaving, Entering Venezuela
• Ohio Bakery Faces $394K in Fines for Unsafe Working Conditions
• Water Shortages in South Texas Drive Downgrade of Corpus Christi
• Update: EU Eases Combustion Engine Ban to Help Ailing Industry
• Spain Swine Fever Outbreak Grows With 10 New Wild Boar Deaths
• Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub
• Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns
• Massachusetts Reports First Case of Silicosis in Stone Countertop Worker
• Washington Commish Tells Insurers to Give Relief on Payments, Cancellations
• Texas Sues Utility Company Xcel Over ‘Blatant Negligence’ in Fatal Wildfire
• New York Says It Follows Federal Rules on Commercial Driver’s Licenses for Immigrants
• Confie Acquires Texas’ TGS Insurance Agency
• Denver, Rockies Face Power Shutoffs as Winds Boost Fire Risk
• World Insurance Associates Acquires SilverLeaf Insurance in Arizona
• Employee Groups Stay Resilient as Companies Back Away From DEI
• Trucordia Acquires Global Financial & Insurance Services
• US House Bill Aims to End Private Flood Insurance Coverage Penalty
• AIG Appoints Clifford From Everest as CEO, International Commercial Insurance
• Leonardo Denies Liability for Helicopter Crash That Killed Leicester City Owner
• Family Feud at New England Grocery Chain Plays Out at Trial Over CEO Ouster
• LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025
• Update: Trump Sues Britain’s BBC for $10 Billion Over Speech Edit
• Venezuela Says Oil Export System Down After Weekend Cyberattack
• ‘Shadow Banking’ Growing at Double the Rate of Traditional Lenders, FSB Says
• Bjak Founder Weighs IPO as Malaysia Insurtech Seeks Expansion Into Europe
• McKinsey Plots Thousands of Job Cuts in Slowdown for Consulting Industry
• FDA Sends Warning Letters to Walmart, Target for Selling Recalled Baby Formula
• Alabama Approves Licenses for Med Marijuana Dispensaries With 2026 Start
• NSI Insurance Acquires Florida-Based Mutual Insurance Group
• People: Canal Insurance in SC Names Grimm Chief Underwriting Officer
• Angels President Wished He’d Known About Drug Use Before Pitcher’s Fatal Overdose
• Illinois Company Agrees to Pay $421K to Resolve Alleged False Claims Act Violations
• Trump Orders SEC to Review Proxy Adviser Rules in ESG Rebuke
• World Insurance Reports It Acquired The Fidella Agency of New Jersey
• New York Says Cab, Rideshare Insurance Rates to Rise 25%
• Washington Commissioner Issues Letter to Insurers Outlining Post-Flood Expectations
• Frustration Mounts as Brown University Shooter Remains at Large
• Russian Cargo Jet Grounded 16 years in Michigan May Soon Fly Again
• Oklahoma Legislation Aims to Address Consumer Protections, Insurance Premiums
• YA Group Acquires Texas’ J.M. Reagan Consulting
• State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order
• Pacific Northwest Braces for Even More Flooding Rain This Week
• AIG Gets Approval to Acquire Everest Renewals in 6 EU Countries – in Time for Jan. 1
• White House AI Czar Defends Trump Push to Rein In State Rules
• Warren Buffett’s Successor Greg Abel Had Steady Rise at Berkshire
• German Insurers Hold $108 Billion Illiquid Debt Pile, EIOPA Says
• Fairmatic in California Rebrands as LEEO With New Leadership
• Gas Explosion in San Francisco Bay Area Damaged Homes, 6 Hospitalized
• Update: EU Announces New Sanctions on Companies and Individuals Over Russian Oil
• India’s Nuclear Bill Spares Suppliers from Accident Liability
• Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court
• Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft
• India’s Cabinet Approves Opening Up of Insurance, Nuclear Sectors, Sources Say
• Germany Summons Russian Envoy Over Surge in Cyberattacks
• Deadliest Morocco Flooding in Two Decades Leaves Dozens Dead
• FEMA to Send Georgia $300M in Helene Aid After Accusations of Delays
• Oil Tanker Rates to Stay Strong Into 2026 as Sanctions Remove Ships for Hire
• Death at Universal’s Orlando Resort Roller Coaster Ruled Accidental
• Fifth La Niña in Six Years to Disrupt Crops and Supply Chains
• Jury Orders Johnson & Johnson to Pay $40M to Two Women in Latest Talc Trial
• Trump Administration Turning to Private Firms in Cyber Offensive
• North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim
• US Senators Push USDA for Urgent Action on Bird Flu Vaccine
• TDI Deputy Commissioner Receives NAIC’s Robert Dineen Award
• Cincinnati Approves $8.1 Million Settlement With Protesters Arrested in 2020
• Washington Commissioner Fines Illegal Health Insurer $350,000
• Engine Failure Forces United Airlines Flight to Return to Dulles Airport
• Senators Seek Changes to Bill Letting Military Operate Just Like Before DC Plane Crash
• Man Sentenced for Flashing Three Insurance Agencies in Georgia
• Black Lung Benefits Denied; Discrimination Claim Against UPS Shot Down by Court
• NAIC Elects New Officers for 2026; Virginia’s White President
• Missouri Attorney General Charges Carpenter for Fraud
• Rise of AI Impacts Grand Rapids Region, Companies Face Talent and Market Challenges
• Washington Faces Historic Floods That Have Washed Away Homes, Stranded Families
• State Farm Files for Auto Rate Decrease, Homeowners Rate Increase in Louisiana
• South Carolina’s Abandoned Nuclear Plants Could be Revived as Firm Offers $2.7B
• Climate Change Is Straining Alaska’s Arctic; a Mining Road May Push it Past the Brink
• Connecticut Builder Charged With Being Workers’ Compensation Scofflaw
• Trump Signs Order Seeking to Limit State-Level AI Regulation
• What to Expect in 2026: US P/C Results More Like 2024

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